It reads something like this (Anselm's original, as taken from wikipedia):
1. If I am thinking of the Greatest Being Thinkable, then I can think of no being greater
1a. If it is false that I can think of no being greater, it is false I am thinking of the Greatest Being Thinkable
2. Being is greater than not being
3. If the being I am thinking of does not exist, then it is false that I can think of no being greater.
4. If the being I am thinking of does not exist, then it is false that I am thinking of the Greatest Being Thinkable
Conclusion: If I am thinking of the Greatest Being Thinkable, then I am thinking of a being that exists